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Flotek on back foot following FracMax fracas

2016-01-11 17:06:19| Oil IT Journal - www.oilit.com

Bronte Capital CEO - FracMax data 'does not compute!'

Tags: back foot fracas flotek

 

Flotek Industries Inc (FTK) Coverage Initiated at KLR Group

2015-12-14 14:58:44| Chemicals - Topix.net

In other Flotek Industries news, CFO Robert M. Schmitz acquired 12,200 shares of the firm's stock in a transaction on Tuesday, November 17th. The stock was bought at an average cost of $9.76 per share, for a total transaction of $119,072.00.

Tags: group industries coverage initiated

 
 

Bakken Update: A Bronte Rebuff, Flotek Well Produces 24% More Oil Over First 11 Months

2015-11-17 14:28:30| Chemicals - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. Bronte Capital did an excellent job of identifying incorrect well data by Flotek, but may have missed the mark as to how its well performed longer term.

Tags: over first months update

 

Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Flotek Industries Inc.

2015-11-14 20:42:45| Chemicals - Topix.net

If you purchased shares of Flotek and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact According to the lawsuit, throughout the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: Flotek Industries' proprietary software application-FracMax-had data and process errors; the reported production data from FracMax for three of the wells in the Company's New York City Investor Presentation on were inaccurate; an application from the Company claiming to be FracMax available in the Apple iTunes Store does not work; and as a result of the foregoing, the Company's public statements were materially false and misleading at all relevant times.

Tags: inc action class industries

 

Flotek Industries Provides Update on FracMax Software Application Development

2015-11-13 11:31:09| Industrial Newsroom - All News for Today

HOUSTON - In conjunction with Flotek Industries, Inc. ("Flotek" or the "Company) presentation at the Stephens, Inc. Fall Investment Conference in New York City, Flotek provides the following update on the ongoing development and evolution of the Company's FracMax data analytics and visualization software...

Tags: software development application update

 

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